OpenAI to acquire Pierre Computer Company
https://openai.com/index/openai-to-acquire-pierre/And you'll see that mitchellh is a big fan of Pierre (and I think investor)
https://x.com/mitchellh/status/2036855931569651884?lang=en
For those who don't know Pierce, here's a demo from mitchellh:
https://x.com/mitchellh/status/2118017893921436019?a=bCZdMwC...
code/coding isn't valuable. the problem solving skill is what set a good and bad engineer apart.
> @0xTMK: Why do companies acquire open source software companies if everyone can already access the repos?
> @mitchellh: Because code by itself isn't valuable. Coding is the easy part.
So... acqui-hire? No hate on that, but this team must be wildly talented.Whenever I see this acquires or hiring of successful products founders or teams by big labs I ask myself if, apart for the usual obvious reasons that any non ai model company would want them, they are also reusing this human talent to build the dataset of "how the sausage is made".
Sadly this level of attention to detail is going to extinct
In fact, Pierre's earlier iteration was a code forge and mine is heavily inspired by it.
>Code.Storage powers the largest agentic workloads in the industry to store code and other machine generated artifacts at scale using git.
>Lovable, Poke, Anything, Bolt, Amp, Parahelp, and many others rely on Code.Storage to store their generated code, memory files, design artifacts, legal documents, and other product files and resources that change over time.
masc. proper name, from French form of Claudius.
I had never heard of them before and have no clue what they do or why OpenAI wanted to buy them.
You'll have to click the link through to https://code.storage to understand: They host Git servers at scale, especially for agentic companies like Lovable (who create many projects and need many code repos to store them).
Words have meaning. I really hate PR that just has no respect for language. To me that reads like "Toxic waste, lovingly dumped into the river with a dump truck."
The first sentence of this submission includes a link to the company's homepage, which states what the company does and what its products are. There's no need for every announcement to be entirely self-contained when the relevant information is just a click away.
Remember when OpenAI bought a podcast that gets 500 views and no comments on Youtube for 100 million dollars?
(And they've never advertised on it either, their name isnt anywhere on the screen while theirs dozens of other sponsors)
Im convinced Sam is just passing money to his friends, bribing or something idk. Something seems off.
No.
Neither of these companies made money, the podcast nobody watches literally made more money than the 6 billion dollar device company.
You dont buy companies that make negative amounts of money and are newer than you. No idea where you got that idea.
I mean good for the team, I'm sure they will make out quite nicely.
But it was really great to see high quality OSS being extracted from their enterprise-focused https://code.storage/ service. Not I imagine the oss updates and new libs will decline, maybe not right away, but eventually, especially as they get rolled into whatever the product-offering of the week is that altman cooks up.
Oh well. so it goes
All these companies need success stories but only end up making dev tools, a notoriously unprofitable market. The corporate market is already saturated with LLMs/agents because of the dictatorial forced rollout, so there is actually no growth in sight at all.
At least it is a signal AI is not good enough yet, so that they could clone it in one prompt.